Canada Nickel Stock Today

CNC Stock  CAD 0.98  0.01  1.03%   

Performance

0 of 100

 
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Odds Of Distress

Less than 33

 
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Below Average
Canada Nickel is selling for under 0.98 as of the 26th of November 2024; that is 1.03 percent increase since the beginning of the trading day. The stock's lowest day price was 0.97. Canada Nickel has about a 33 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Canada Nickel are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Canyon Copper Corp., an exploration stage company, acquires, explores for, and develops mineral properties in Canada and the United States. Canyon Copper Corp. was founded in 2000 and is based in Vancouver, Canada. Canyon Copper operates under Industrial Metals Minerals classification in Canada and traded on TSX Venture Exchange.. The company has 181.21 M outstanding shares of which 662.42 K shares are currently shorted by private and institutional investors with about 3.22 days to cover all short positions. More on Canada Nickel

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Canada Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canada Nickel's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canada Nickel or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Canada Nickel's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canada Nickel's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Canada Nickel can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canada Nickel's financial leverage. It provides some insight into what part of Canada Nickel's total assets is financed by creditors.
Liquidity
Canada Nickel cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Canada Nickel has accumulated 16.88 M in total debt with debt to equity ratio (D/E) of 13.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Canada Nickel has a current ratio of 3.15, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Canada Nickel until it has trouble settling it off, either with new capital or with free cash flow. So, Canada Nickel's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canada Nickel sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canada to invest in growth at high rates of return. When we think about Canada Nickel's use of debt, we should always consider it together with cash and equity.

Net Income

(11.12 Million)
Canada Nickel (CNC) is traded on TSX Venture Exchange in Canada and employs 4 people. Canada Nickel is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 177.58 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canada Nickel's market, we take the total number of its shares issued and multiply it by Canada Nickel's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Canada Nickel classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 181.21 M outstanding shares of which 662.42 K shares are currently shorted by private and institutional investors with about 3.22 days to cover all short positions. Canada Nickel has accumulated about 791.85 K in cash with (7.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
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Ownership Allocation
Canada Nickel holds a total of 181.21 Million outstanding shares. Canada Nickel shows 14.82 percent of its outstanding shares held by insiders and 0.59 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Canada Ownership Details

Canada Nickel Risk Profiles

Although Canada Nickel's alpha and beta are two of the key measurements used to evaluate Canada Nickel's performance over the market, the standard measures of volatility play an important role as well.

Canada Stock Against Markets

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Canada Nickel Corporate Management

Elected by the shareholders, the Canada Nickel's board of directors comprises two types of representatives: Canada Nickel inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canada. The board's role is to monitor Canada Nickel's management team and ensure that shareholders' interests are well served. Canada Nickel's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canada Nickel's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Tools for Canada Stock Analysis

When running Canada Nickel's price analysis, check to measure Canada Nickel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canada Nickel is operating at the current time. Most of Canada Nickel's value examination focuses on studying past and present price action to predict the probability of Canada Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Nickel's price. Additionally, you may evaluate how the addition of Canada Nickel to your portfolios can decrease your overall portfolio volatility.